The Art of Giving a Bear Hug
Wednesday, February 6th, 2008The Feb 6th, 2008 New York Times business section reported about a Wall Street “tradition” (or in my lingo a “ritual”) of giving a “bear hug” letter before a hostile takeover. As reported in the article, the bear hug letter is sent before mounting a hostile bid takeover of a company. This particular bear hug letter was sent […]